Home Australis Aquaculture Vietnam Ltd. Australis Aquaculture Vietnam Ltd. In brief Australis Aquaculture Vietnam Ltd is part of Australis Group, which focuses on Barramundi farming. Established in 2007, the company is the largest Barramundi producer in Vietnam. It operates in Van Phong Bay in Khanh Hoa province. A local company processes the grown fish, and the frozen end-product is mainly sold to the USA and Australia, and the by-products are sold to the local market in Vietnam. The company emphasises the sustainability of its operations and has secured many international certifications and awards, as well as retailer-specific certifications. The company plans to increase its production from 3,000 mt to 10-12,000 mt by 2020. Main development impact Australis Aquaculture Vietnam Ltd is the technological and sustainability leader in aquaculture in Vietnam. The company employs about 220 people directly, of whom around 30% are women. Indirectly, it employs about 200 people, of which 80% are women. The company is estimated to employ about 400-500 people directly and about 600-800 indirectly due to the expansion. About 90% of the company’s purchases are local. Sustainable fish farming is increasingly important in the fight against overfishing, which has significantly increased since the 1970s. Investment details Name: Australis Aquaculture Vietnam Ltd. Project number: 80000025 Region: Asia Country: Vietnam Sector: Agriculture Signing date (month/year): June 2017 Currency: USD Finnfund's financing (commitment): 9,500,000 Size of the project financing: USD 17,000,000 Share of Finnfund's financing (%): 56 % Status: Active Website: http://www.thebetterfish.com/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.June Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Australis Aquaculture Vietnam Ltd. Sector: Agriculture Region: Asia Country: Vietnam Currency: USD Finnfund's financing (commitment): 9,500,000 Signing date (month/year): June 2017 Last update: May 2020